Saguaro Oil & Gas Recovery Extends LOI with Tri-Eye Design
September 07 2012 - 6:55PM
Business Wire
Saguaro Holdings Corp.’s (OTCPK: SGUJ) wholly owned subsidiary,
Saguaro Oil & Gas Recovery, Inc. (SOGR) announces that they
have extended the closing date for acquisition of Tri-Eye Design
Limited (TEDL) of Edmonton, Alberta until September 14, 2012. Under
the terms of the Letter of Intent, Tri Eye must complete certain
conditions for the closing of this transaction and expect to do so
by September 14, 2012.
About Tri Eye Design, Inc.:
Tri Eye Design, Inc. is an engineering design firm that focuses
on technology for bio-enhanced living platforms that allow quick
detection and repair of oil and gas pipelines along with
biologically accelerated cleanup of land and water based oil
spills. TEDL’s team of engineers have developed a living oil
prevention, skimming and absorption recovery technology which
quickly and naturally helps in the cleanup of oil spills in
environmentally sensitive areas on land and in fresh and salt
water. It is the company’s intent to complete its strategic
partnerships and commercialize its technology in the coming
months.
For further information please go to www.trieyedesign.com
About Saguaro Oil & Gas Recovery, Inc.:
Saguaro Oil & Gas Recovery, Inc., is engaged in the business
of oil and gas recovery, remediation and treatment. Its employs an
evolving patented technology that is nearing the final stages of
R&D and that the Company believes to be a cost efficient
solution for the task of reducing certain value diminishing
contaminates in natural gas streams. SOGR’s mission is, and always
has been, to promote the idea of increasing the quality and value
of the Earth’s natural resources by providing innovative solutions
to the oil and gas industry.
For further information please go to www.saguaroholdings.com
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